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Application Adiusted Fee Escrow Notes <br /> for the storm water infrastructure necessary to serve the City.The trunk fee is based on the land use and acreage of <br /> the property being developed. An equivalency factor multiplier is assigned to each land use type,with a 2-acre <br /> residential lot considered as the standard in the Ciry with an equivalency factor of 1.0. The table below lists the <br /> storm water trunk fees per acre for the various zoning districts and land uses in the City. <br /> NEW DEVELOPMENT LAND USE Trunk Fee per Acre <br /> Sjngle Fainily Residential 5 Acre Zone(maximum fee/lo� $16,150 00) ; , ����� $3,230.00 <br /> � . <br /> S�ngle Farrmily Residential 2 Ac,re Zone tma�imum fee/lot, $8,060 00) y t $4,030.00 <br /> ' ,�� , � �� � � � � _ ° : <br /> 5mgle Fariiily Residential 1 Acre Zone{ma�mum fee/lot�$5,250 OOJ ,� ° �� $5,250.00 <br /> �Single Family Residential�j�Acre2�n�� aximum fee/lot $3,025 00) £ �a $6,050.00 <br /> � � ..,, _ , ._ .:. � ,.. . z .� <br /> Multi Family Residential 4 Units/Acre or Less $7,275.00 <br /> Multi Family Residential Greater than 4 Units/Acre $8,490.00 <br /> Commercial or Industrial $9,690.00 <br /> 1. Trunk fee charged on per lot basis. For the 5-acre,2-acre, 1-acre and 1/2-acre zoning districts,the trunk fee shall <br /> be charged on a per-lot basis.Only acreage platted as building lots shall be charged the trunk fee.Acreage platted <br /> as road-rights-of-way or out lots for other purposes shall not be charged the trunk fee. The dollar amount <br /> calculated by multiplying(a)the number of new lots by(b)the zoning district base acreage per lot by(c)the base <br /> trunk fee per lot established in the City Fee Schedule,shall be deemed the Base Development Trunk Fee. <br /> 2. Maximum fee. For the five-acre zoning district,any lot exceeding 5.0 gross acres,including wetland,shall be <br /> charged a maximum trunk fee equal to the trunk fee for a 5.0 acre parcel. <br /> 3. Maximum fee.For the two-acre zoning districts,any lot exceeding 2.0 gross acres,including wetland,shall be <br /> charged a maximum trunk fee equal to the trunk fee for a 2.0 acre parcel. <br /> 4. Fee Credits. For the two-acre and five-acre zoning districts,a combined reduction of up to 50%of the Base <br /> Development Trunk Fee shall be allowed for the percentage of the total development property acreage in one or <br /> more of the following categories: <br /> - acreage of newly-created wetland. <br /> - acreage of stormwater ponding or similar <br /> - acreage of conservation easements resulting from <br /> 5. Maximum fee.For the one-acre zoning districts,any lot exceeding 1.0 gross acres,including wetland,shall be <br /> charged a maximum trunk fee equal to the trunk fee for a 1.0 acre parcel. <br /> 6. Maximum fee.For the 1/2-acre zoning districts,any lot exceeding 0.5 gross acres,including wetland,shall be <br /> charged a maximum trunk fee equal to the trunk fee for a 0.5 acre parcel. <br /> 7.Multi-family and High-Density Single Family Developments. Trunk fee shall be charged on a per-acre basis, <br /> except that the following acreages will not be subject to the trunk fee: <br /> - all wetland acreage up to the delineation line <br /> - acreage of stormwater ponding or similar improvements that provide additional treatment benefits beyond <br /> what is required to treat the stormwater runoff from the development site. <br /> - acreage of conservation easements resulting from Conservation Design process <br />